Peer-to-peer lending is a way for individuals to borrow and lend money without the involvement of a traditional financial institution.

This type of lending has grown in popularity in recent years, but it can be difficult to verify the creditworthiness of borrowers and to enforce repayment.

Blockchain technology could help to address these issues by providing a decentralized platform for lending and borrowing that uses smart contracts to enforce the terms of the loan.

Additionally, blockchain could be used to create a shared credit history for borrowers, which would make it easier for lenders to assess risk.

However, there are still some challenges to overcome, such as the need for regulatory oversight.